Marine Technology Reporter Blogs - contracts

New discoveries and the development of deepwater and ultra-deepwater pre-salt increases the demand for subsea equipment and service providers, attracting various international and local companies to compete for subsea contracts for the Brazilian offshore.The deepwater scene is in full swing in Brazil, with major projects being developed by various operators and national operator Petrobras. All these projects require a multitude of subsea equipment and subsea services, which accounted for a steady growth in subsea equipment and service providers from around the world setting shop in Brazil. Companies that have a history of quality equipment and services usually have an advantage when disputing these contracts, but the final product and services price is also a major issue.

DOF has been awarded four new charter contracts by Petrobras, at a total value of NOK 5.2 billion.Norskan Offshore do Brazil, a subsidiary of DOF ASA has been awarded four, 8 years contracts with Petrobras for large AHTS vessels. Two of the charter contracts are for new build numbers 26 and 27 to be built at the STX Promar yard in Rio de Janeiro, Brazil. Norskan is in final negotiation with STX Promar for two new build contracts to serve the other two charter contracts awarded. The charter contracts are expected to begin sometime between 2011 and 2013. The four contracts represent gross revenues of approximately NOK 5.2 billion. DOF CEO Mons Aase commented…